Banks able to extend loan moratorium, says deputy finance minister

📆 12/08/2020 08:50:00
📰 fmtoday

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Abdul Rahim Bakri says they have sufficient capital buffer to do so. FMTNews Banks Moratorium LoanRepayment

Each decision to extend the moratorium on loan repayments is monitored by Bank Negara Malaysia.

“Every decision to extend the moratorium is monitored by Bank Negara Malaysia with the involvement of the bank associations,” Deputy Finance Minister I Abdul Rahim Bakri said in the Dewan Rakyat today.

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